Opinion by Sam Ashworth-Hayes, The Telegraph, 5/29/25 SOURCE: https://www.msn.com/en-us/money/markets/elon-musk-is-right-the-west-is-spiralling-towards-bankruptcy/ar-AA1FGjJu?ocid=msedgntp&pc=U531&cvid=37f9191919224759b12e144b79e08756&ei=83 If you wanted a reason to be pessimistic about the future of Western democracies – besides the…
Story by Veronique de Rugy, Reason, 5/22/25 SOURCE: https://www.msn.com/en-us/money/markets/america-s-credit-is-falling-and-the-government-is-still-digging-deeper-into-debt/ar-AA1Ffr5n?cvid=d480ba81d18742189d64fe05758e8de9&ei=213 America’s debt-addicted government just lost its triple-A credit rating from Moody’s, as it previously had from fellow rating agencies…
2Paragraphs, Phillip Kolb, 3/27/25 SOURCE: https://www.msn.com/en-us/news/politics/maga-governor-threatens-to-put-congress-in-check-with-constitutional-amendment/ar-AA1BMa6a?ocid=msedgntp&pc=U531&cvid=3cfd55375df041bf9ba54854a40cc3b1&ei=118 Republican Oklahoma Governor Kevin Stitt appeared on Newsmax Monday and complained, “States have balanced budgets. Why can’t the federal government do…
Ewan Palmer, Newsweek, 3/27/25 SOURCE: https://www.msn.com/en-us/news/politics/donald-trump-issues-executive-order-for-america-s-bank-account/ar-AA1BHtn3?ocid=msedgntp&pc=U531&cvid=f96ac2fc2af64492b51c09797f2f69d4&ei=15 President Donald Trump signed an executive order Tuesday to overhaul how the federal government tracks and manages trillions of dollars in…
Opinion by Alex Nowrasteh and Jerome Famularo, opinion contributors, The Hill, 3/23/25 SOURCE: https://www.msn.com/en-us/news/politics/opinion-republicans-should-build-a-wall-around-the-welfare-state/ar-AA1BstYX?ocid=msedgntp&pc=U531&cvid=853bc68565214feab7c4791c7d261e7f&ei=111 Congress is hurtling toward a colossal showdown over the federal budget. The…
Story by Eleanor Pringle, Fortune, 3/16/25 SOURCE: http://fortune.com/ While Wall Street might be battening down the hatches against Trump’s tariff rhetoric and nervously eyeing foreign relations, the fundamentals…
Story by Robert Schmad, Tampa Free Press, 10/1/24 SOURCE: https://www.msn.com/en-us/money/companies/americans-more-reliant-on-government-spending-than-ever-as-debt-deluge-continues-with-no-end-in-sight/ar-AA1rugBZ?ocid=msedgntp&pc=U531&cvid=584a2772c39d4d71ba476368c0fa3e86&ei=78 s the national debt soars past $35 trillion, government transfers make up an increasingly large…
Opinion by David M. Walker, The Hill SOURCE: https://www.msn.com/en-us/money/personalfinance/opinion-how-to-fix-america-s-federal-finances/ar-AA1p8IgJ?ocid=msedgntp&pc=U531&cvid=052cbf9d4cdb4604a07eca853c62d458&ei=79 The federal government is now at record levels of both total debt-to-GDP and mandatory spending as a percentage…
Story by Jeremy Warner, 5/8/24 SOURCE: https://www.msn.com/en-us/money/markets/addiction-to-debt-has-left-the-global-economy-one-shock-away-from-disaster/ar-BB1m25BR?ocid=msedgntp&pc=U531&cvid=0dc0deeb2a434f72b3cf1d58983ab64a&ei=13 How much debt is too much? After three economic shocks in a row – the financial crisis, the…
Story by Brett Rowland, The Center Square, 4/26/24 SOURCE: https://www.msn.com/en-us/money/markets/congress-inaction-on-debt-irresponsible-says-former-comptroller/ar-AA1nJKSc?ocid=msedgntp&pc=U531&cvid=48ef8c6c3f2c4a1cdbefb0fe175933a1&ei=20 (The Center Square) – The former U.S. Comptroller General said Congress’ failure to address the…
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